“Consumers were somewhat uneasy in the latest week, however, record stock market evaluations and increased job creation has bolstered confidence levels from relatively low levels,” said Richard Yamarone, a senior economist for Bloomberg LP in New York …
In Abu Dhabi, major investments in infrastructure, universities, arts and cultural events are taking place and consumers are demonstrating an appetite for luxury concepts. Kuwait is the second most attractive country in the region for international brands.
The National Consumer Agency (NCA) has warned recipients of gift vouchers and gift cards to redeem them as quickly as possible, after discovering that 48pc of people let them expire. The agency said that using them promptly also lowered the risk of the …
Still, today's consumer is not the same debt-laden, luxury-lusting, frequent shopper that hit the malls back in 2008. More than 70 percent of shoppers still feel like they're in a recession and are shopping less than they did five years ago, according …
According to the National Association of Realtors, more than half of home buyers between July 2012 and June 2013 made some sacrifices, such as reducing spending on luxury items, entertainment and clothing. “Pent-up demand has helped on housing and …
The figures include apparel, jewelry, electronics, luxury goods and home furnishings. "Given how promotional the season turned out to be, profits are likely to be flat because retailers had to provide quite a lot of discounts to get those sales," said …
Based in New York City and serving customers around the globe, Allurez Jewelers is a rising star in the field of luxury ecommerce. Allurez was recently ranked as the number one online-only jewelry retailer by TopTenReviews.com, and placed in the top …
Chanel is Luxury Daily's 2013 Luxury Marketer of the Year for the measured attention it paid to multiple consumer segments, its strong use of video and its advertising flair in luxury publications. The French fashion house won over first runner's-up …
Luxury brands have been caught up in Beijing's anticorruption campaign. China has never been an easy place to do … China's efforts to empower consumers have been frustratingly slow, but the progress is there. Into this upcoming uncertain Year of the …